Flash News

TREE NEWS update: Agora has frozen an AUSD account linked to the Initia exploit, stating it holds no contracts on Initia and that the targeted Ethereum account had already swapped 1.4 million AUSD for ETH. The stablecoin issuer’s move follows the attack, with the frozen account tied to the same address that converted the funds before the freeze.

TREE NEWS update: Initia suspended its Layer 1 chain and rollups following a reported mint exploit, with analyst Spreek estimating $2.6 million had been cashed out. Ethereum records show stablecoin swaps tied to the incident and a later transfer of 1,135.5 ETH.

TREE NEWS reports: Crypto futures liquidations across major exchanges totaled $315 million over the past 24 hours, with long positions accounting for $248 million and short positions $66.31 million, CoinGlass data show. Bitcoin liquidations reached $52.40 million and Ether $61.21 million. The largest single liquidation was a $3.77 million order on HYPERLIQUID-XYZ:SOXL-USD.

TREE NEWS update: ether.fi has acquired Zeal Wallet, the companies announced on October 23, with the purchase price undisclosed. Zeal users can now migrate directly within the Zeal app. After migration, users gain access to borrowing against their portfolio, earning yield, and trading stocks and gold.

TREE NEWS reports: An attacker who exploited Cysic’s bridge to mint 10 million tokens on BNB Smart Chain has moved $744,000 in ETH and BNB into Tornado Cash. Cysic is offering a 10% bounty in connection with the incident. The exploit involved unauthorized minting of tokens through the bridge on BNB Smart Chain.

TREE NEWS reports: Base active addresses climbed another 50% while transactions fell 8.7% and dollar-denominated user fees dropped 20% on Oct. 22, as a GMGN trading competition continued on the network. The divergence points to more wallets interacting with the chain even as overall activity and fee revenue cooled.

TREE NEWS reports: The ether.fi team transferred another 3.5 million ETHFI, worth about $2.28 million, to address 0xB20 on October 23, a wallet that received 1.255 million ETHFI roughly 12 months ago and appears to be a vesting smart contract. The move means nearly 5 million ETHFI is now freely disposable and remains unstaked.

TREE NEWS reports: On-chain options remain less than 1% of perpetual DEX volume as of October 2026, even as perp DEXs handled $627 billion over the prior 30 days versus $4.9 billion in options notional, or roughly 0.8%. Derive cleared about $18 billion in options notional over the year to October 19 and holds over 90% of premium share, while Hypercall’s notional is mostly cheap S&P 500 lottery tickets. Deep perp liquidity on Hyperliquid and Lighter is cited as the missing hedge venue for option sellers.

TREE NEWS reports: An address tagged as the Cysic attacker deposited 300 ETH worth about $721,140 and 30.4 BNB worth about $22,590 into Tornado Cash, PeckShieldAlert monitoring shows. The Cysic Foundation said its cross-chain bridge suffered a security incident on Oct. 17 that led to 10 million CYS being minted without authorization on BNB Chain.

TREE NEWS update: Swell has paused deposits and withdrawals for its swETH and rswETH tokens, saying it must correct net asset value before reopening. Onchain controls now block withdrawal requests and ETH claims, the protocol said. No timeline for resuming operations was given.

TREE NEWS reports: A historical ETH-to-USDC Uniswap receipt itemizes how deductions from swap output are reconciled, distinguishing costs taken from the trade from those paid separately. The example also notes that UniswapX handles network costs differently from a classic pool swap. No figures or dates were provided in the material.

TREE NEWS update: Circle has launched hourly USDC Match auctions that pass the redemption clearing fee to minters, with charges capped at Circle’s Express rate. The mechanism lets minters earn a rebate on redemptions through the auction process.

TREE NEWS update: Aztec has announced approval of its V6 upgrade, which speeds Ethereum-to-Aztec messaging and funds 30 days of V5 operation during the migration. The governance dashboard, however, still lists voting as open and shows October 26 for execution. The proposal’s approval was confirmed despite the dashboard’s status.

TREE NEWS update: Utexo, backed by Tether, will launch a bridged USDT token on Bitcoin on November 28, with professional operators able to test the RGB-based token on Bitcoin Signet now. The token’s backing will sit in USDT0 locked on Arbitrum. The launch brings a Tether-linked stablecoin onto Bitcoin via the RGB protocol.

TREE NEWS update: Pump.fun has added take-profit and stop-loss order functionality for trades on EVM chains, including Robinhood, BSC, Base, HyperEVM, Arc and Ink. The rollout extends tools that have been available on Solana since September to those networks, giving traders automated exit orders on the added chains.

TREE NEWS update: Underdog has partnered with zerohash to enable crypto deposits for its prediction markets, offering eligible users 24/7 digital asset funding. The new deposit option is expected to launch later this year. The integration lets users fund accounts around the clock rather than through traditional banking hours.

TREE NEWS update: Uniswap has added Aggregator Hooks to v4, routing swaps on Ethereum, Base and Robinhood Chain through seven external liquidity sources. Trades executed via those hooks now pay Uniswap protocol fees, with the revenue directed to the UNI burn.

TREE NEWS reports: Arbitrum’s daily active addresses reached a 30-day high of 571,767 before hourly activity cooled into Oct. 22, on-chain data show. Transaction counts rose much less sharply than the address metric over the same period, suggesting the spike in activity was not matched by a proportional increase in on-chain transactions.

TREE NEWS reports: Researchers flagged inflated swETH and rswETH exchange rates after a cloud-platform disclosure, warning that the reported 2,513 ETH held by Swell is not a confirmed loss. The manipulation concerns the staking protocol’s rate calculations rather than a verified drain of user funds. Swell has not confirmed any loss tied to the figure.